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Piracy & Security

Stay informed with the latest news, analysis and market insight on the piracy and security threats impacting
the shipping industry; be proactive in adapting your organisation to meet new requirements and
identify risks to your business model through our expert coverage

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Red Sea traffic remains unchanged by resurgent Houthi attacks

There were 244 transits through the Bab el Mandeb last week, up from 232 the week prior

Red Sea Risk Piracy and Security

Traffic to damaged Houthi-held Hodeidah and Saleef ports halts following Israeli air strikes

Satellite imagery suggests heavy damage to the docks in the ports of Hodeidah and Saleef, both previously damaged in air strikes in May

Red Sea Risk Risk and Compliance
FREE TO READ

Iran shipments to Houthis a masterclass in AIS manipulation

The Houthis have a robust weapons supply chain and there are limited options for interrupting these networks

Red Sea Risk Piracy and Security

The week in charts: Philippines orders crews to avoid high-risk areas | Panama Canal transits still below pre-drought levels | Vehicle carrier markets buoyant

Traffic through the Bab el Mandeb continues as normal, despite two ships being sunk last week; Average Panama Canal transits per day flat in June versus May with numbers down 14% versus June 2022, prior to drought; Strong car exports from China and continued Suez Canal diversions have helped to keep freight rates and charter rates relatively high

Red Sea Risk Week in Charts
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Eternity C search operation called off

Focus now on health and welfare of surviving crew members

Red Sea Risk Dry Bulk
FREE TO READ

Eternity C: when war risk insurers don’t face the music and dance

Sorry, shipowners, but underwriters do have the right to decline cover

Red Sea Risk Lloyd List - The View
EXCLUSIVE

Travelers named as insurer that declined war risk cover for Eternity C

Shipowners slam underwriter’s reluctance to write business despite accepting annual placement

Insurance Red Sea Risk
EXCLUSIVE

Underwriters declined war risk cover for final voyage of Eternity C

Insurance status of the Greece-operated bulk carrier sunk by the Houthis remains unclear

Red Sea Risk Insurance
FREE TO READ

Philippines orders crews to avoid high-risk areas as more recovered from Eternity C

Traffic through the Bab el Mandeb continues as normal, despite two ships being sunk this week

Red Sea Risk Piracy and Security
FREE TO READ

Red Sea rescue falls to private security in the absence of any naval assets

The conspicuous absence of any naval vessels available to help defend two ships sunk by the Houthis this week, or assist in the search and rescue operation for 19 missing crew has left industry officials calling for more robust protection of international sea lanes

Red Sea Risk Dry Bulk
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